4701 Lee
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Keller Williams La Jolla | $1,099,000 | |
| Listed by Keller Williams La Jolla | |||
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Experience elevated living in this beautiful hillside home, offering stunning west-facing views and a prime location near downtown La Mesa's vibrant scene. This property blends classic charm with modern functionality, making it a true gem. Property Highlights: Scenic Location: Perched on a hill, enjoy breathtaking views and sunsets from your backyard. Bonus Room: A versatile bonus room off the garage is perfect for a home office, gym or whatever you can imagine. Open Concept Living: The heart of the home features an open kitchen and living area with sleek appliances and large windows, filling the space with natural light. Upgraded Amenities: Enjoy luxuriously updated bathrooms, cost-saving solar panels, and more. Outdoor Living: The property includes easy-to-maintain outdoor spaces ideal for entertaining or relaxing. Located just down the road from trendy downtown La Mesa, you're moments away from excellent restaurants, cafes, and shops. This home seamlessly combines the convenience of city living with the peace of a suburban retreat. Discover the perfect blend of style and comfort that this home has to offer, it is even better in person and is truly a splendid place to call home.
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| Apr 15, 2015 | Sold | ||
| Sold | |||
| Mar 20, 2015 | Listed by Realty Source, Inc. | $549,000 | |
| Listed by Realty Source, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017